Ecuador GDP Deflator Growth

2001 - 2023 | Quarterly | % | CEIC Data

Key information about Ecuador GDP Deflator Growth

  • Ecuador GDP deflator (implicit price deflator) increased 1.9 % in Mar 2023, compared with an increase of 2.4 % in the previous quarter.
  • Ecuador GDP Deflator Growth data is updated quarterly, available from Mar 2001 to Mar 2023, with an average rate of 4.1 %.
  • The data reached an all-time high of 45.6 % in Mar 2001 and a record low of -3.2 % in Mar 2015.

CEIC calculates GDP Deflator Growth from quarterly GDP Deflator. The Central Bank of Ecuador provides GDP Deflator at 2007 prices.


Related information about Ecuador GDP Deflator Growth

  • In the latest reports, Ecuador GDP expanded 0.7 % YoY in Mar 2023.
  • Its Nominal GDP reached 28.9 USD bn in Mar 2023.
  • Ecuador GDP Per Capita reached 5,670.3 USD in Dec 2020.
  • Its Gross Savings Rate was measured at 21.6 % in Mar 2023.

View Ecuador's GDP Deflator Growth from Mar 2001 to Mar 2023 in the chart:

Ecuador GDP Deflator Growth

What was Ecuador's GDP Deflator Growth in Mar 2023?

Ecuador GDP deflator (implicit price deflator) increased 1.9 % in Mar 2023, compared with an increase of 2.4 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
1.9 Mar 2023 2.4 Dec 2022 -3.2 Mar 2015 45.6 Mar 2001 % quarterly Mar 2001 - Mar 2023

GDP Deflator Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 14.4 Mar 2023 quarterly Mar 2010 - Mar 2023
Algeria (%) 2.3 Mar 2024 quarterly Mar 2000 - Mar 2024
Argentina (%) 78.8 Sep 2022 quarterly Mar 2005 - Sep 2022
Armenia (%) 9.1 Dec 2022 quarterly Mar 2001 - Dec 2022
Australia (%) 9.1 Dec 2022 quarterly Sep 1960 - Dec 2022
Austria (%) 6.5 Dec 2022 quarterly Mar 1996 - Dec 2022
Azerbaijan (%) 21.7 Dec 2022 quarterly Mar 2002 - Dec 2022
Bahrain (%) -1.6 Dec 2022 quarterly Mar 2010 - Dec 2022
Bangladesh (%) 5.6 2021 yearly 2007 - 2021
Belarus (%) 9.6 Dec 2022 quarterly Mar 2006 - Dec 2022
Belgium (%) 5.4 Mar 2023 quarterly Mar 1996 - Mar 2023
Bolivia (%) 4.2 Sep 2022 quarterly Mar 1991 - Sep 2022
Bosnia and Herzegovina (%) 12.7 Sep 2022 quarterly Mar 2009 - Sep 2022
Botswana (%) 10.7 Sep 2022 quarterly Mar 1995 - Sep 2022
Brazil (%) 6.2 Mar 2023 quarterly Mar 1997 - Mar 2023
Brunei (%) 22.0 Sep 2022 quarterly Mar 2005 - Sep 2022
Bulgaria (%) 14.3 Dec 2022 quarterly Mar 1996 - Dec 2022
Cambodia (%) 1.3 2021 yearly 1994 - 2021
Canada (%) 4.2 Dec 2022 quarterly Mar 1962 - Dec 2022
Chile (%) 10.1 Mar 2023 quarterly Mar 1991 - Mar 2023
China (%) 0.0 Dec 2022 quarterly Mar 1993 - Dec 2022
Colombia (%) 14.0 Dec 2022 quarterly Mar 2001 - Dec 2022
Croatia (%) 12.2 Dec 2022 quarterly Mar 1996 - Dec 2022
Cyprus (%) 6.4 Dec 2022 quarterly Mar 1996 - Dec 2022
Czech Republic (%) 11.4 Dec 2022 quarterly Mar 1997 - Dec 2022
Denmark (%) 5.5 Dec 2022 quarterly Mar 1992 - Dec 2022
Ecuador (%) 1.9 Mar 2023 quarterly Mar 2001 - Mar 2023
Egypt (%) 16.8 Sep 2022 quarterly Sep 2002 - Sep 2022
Estonia (%) 13.6 Mar 2023 quarterly Mar 1996 - Mar 2023
European Union (%) 6.1 Dec 2022 quarterly Mar 1996 - Dec 2022
Finland (%) 4.4 Dec 2022 quarterly Mar 1976 - Dec 2022
France (%) 5.5 Mar 2023 quarterly Mar 1950 - Mar 2023
Georgia (%) 9.4 Sep 2022 quarterly Mar 1998 - Sep 2022
Germany (%) 6.1 Dec 2022 quarterly Mar 1992 - Dec 2022
Ghana (%) 20.7 Jun 2024 quarterly Mar 2007 - Jun 2024
Greece (%) 5.1 Dec 2022 quarterly Mar 1996 - Dec 2022
Hong Kong SAR, China (%) 2.3 Dec 2022 quarterly Mar 1974 - Dec 2022
Hungary (%) 17.6 Dec 2022 quarterly Mar 1996 - Dec 2022
Iceland (%) 6.1 Dec 2022 quarterly Mar 1996 - Dec 2022
India (%) 6.6 Dec 2022 quarterly Jun 2005 - Dec 2022
Indonesia (%) 8.3 Dec 2022 quarterly Mar 1994 - Dec 2022
Iran (%) 51.5 Mar 2022 quarterly Jun 1989 - Mar 2022
Ireland (%) 5.5 Sep 2022 quarterly Mar 1996 - Sep 2022
Israel (%) 5.9 Dec 2022 quarterly Mar 1996 - Dec 2022
Italy (%) 5.6 Dec 2022 quarterly Mar 1997 - Dec 2022
Ivory Coast (%) 2.4 2022 yearly 1966 - 2022
Japan (%) 1.2 Dec 2022 quarterly Mar 1981 - Dec 2022
Jordan (%) 2.2 Mar 2023 quarterly Mar 1993 - Mar 2023
Kazakhstan (%) 14.4 Mar 2023 quarterly Mar 2004 - Mar 2023
Kenya (%) 4.0 Sep 2022 quarterly Mar 2010 - Sep 2022
South Korea (%) 1.4 Mar 2023 quarterly Mar 1961 - Mar 2023
Kosovo (%) 9.7 Dec 2022 quarterly Mar 2011 - Dec 2022
Kuwait (%) -10.1 Dec 2020 quarterly Mar 2011 - Dec 2020
Kyrgyzstan (%) 19.4 Dec 2022 quarterly Mar 2001 - Dec 2022
Laos (%) 3.6 2021 yearly 2003 - 2021
Latvia (%) 15.7 Dec 2022 quarterly Mar 1996 - Dec 2022
Lebanon (%) 148.4 2021 yearly 2012 - 2021
Lithuania (%) 15.6 Mar 2023 quarterly Mar 1996 - Mar 2023
Luxembourg (%) 7.0 Sep 2022 quarterly Mar 1996 - Sep 2022
Macau SAR, China (%) 2.5 Mar 2023 quarterly Mar 1999 - Mar 2023
North Macedonia (%) 16.3 Dec 2022 quarterly Mar 2001 - Dec 2022
Malawi (%) 6.3 2021 yearly 2003 - 2021
Malaysia (%) 2.8 Dec 2022 quarterly Mar 1992 - Dec 2022
Malta (%) 5.8 Mar 2023 quarterly Mar 2001 - Mar 2023
Mauritius (%) 10.4 Sep 2022 quarterly Mar 2001 - Sep 2022
Mexico (%) 6.5 Dec 2022 quarterly Mar 1981 - Dec 2022
Moldova (%) 22.6 Sep 2022 quarterly Mar 2011 - Sep 2022
Mongolia (%) 20.1 Dec 2022 quarterly Mar 2001 - Dec 2022
Montenegro (%) 10.5 Sep 2022 quarterly Mar 2011 - Sep 2022
Morocco (%) 5.3 Dec 2022 quarterly Mar 2008 - Dec 2022
Mozambique (%) 5.3 2023 yearly 1992 - 2023
Myanmar (%) 2.9 2021 yearly 2011 - 2021
Nepal (%) 9.1 2023 yearly 2002 - 2023
Netherlands (%) 7.2 Mar 2023 quarterly Mar 1997 - Mar 2023
New Zealand (%) 5.4 Sep 2022 quarterly Jun 1988 - Sep 2022
Nigeria (%) 11.3 Dec 2022 quarterly Mar 2011 - Dec 2022
Norway (%) 10.2 Dec 2022 quarterly Mar 1979 - Dec 2022
Oman (%) 12.7 2021 yearly 1999 - 2021
Pakistan (%) 25.0 2023 yearly 2001 - 2023
Palestinian Territory (%) 0.1 Sep 2022 quarterly Mar 2012 - Sep 2022
Panama (%) 2.0 Sep 2022 quarterly Mar 2008 - Sep 2022
Paraguay (%) 5.0 Sep 2022 quarterly Mar 1995 - Sep 2022
Peru (%) 4.2 Dec 2022 quarterly Mar 1991 - Dec 2022
Philippines (%) 6.3 Dec 2022 quarterly Mar 1982 - Dec 2022
Poland (%) 12.4 Sep 2022 quarterly Mar 1996 - Sep 2022
Portugal (%) 5.0 Sep 2022 quarterly Mar 1996 - Sep 2022
Qatar (%) 25.3 Sep 2022 quarterly Mar 2012 - Sep 2022
Romania (%) 14.4 Mar 2023 quarterly Mar 1996 - Mar 2023
Russia (%) 11.7 Sep 2022 quarterly Mar 1996 - Sep 2022
Saudi Arabia (%) 7.6 Dec 2022 quarterly Mar 2011 - Dec 2022
Serbia (%) 12.2 Dec 2022 quarterly Mar 1997 - Dec 2022
Singapore (%) 4.3 Dec 2022 quarterly Mar 1976 - Dec 2022
Slovakia (%) 11.0 Mar 2023 quarterly Mar 1996 - Mar 2023
Slovenia (%) 9.7 Dec 2022 quarterly Mar 1996 - Dec 2022
South Africa (%) 5.6 Mar 2023 quarterly Mar 1961 - Mar 2023
Spain (%) 5.2 Dec 2022 quarterly Mar 1996 - Dec 2022
Sri Lanka (%) 3.0 Mar 2024 quarterly Mar 2011 - Mar 2024
Sudan (%) 146.2 2021 yearly 1983 - 2021
Sweden (%) 7.9 Mar 2023 quarterly Mar 1982 - Mar 2023
Switzerland (%) 3.3 Dec 2022 quarterly Mar 1981 - Dec 2022

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Ecuador Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.0 Jun 2024 quarterly Dec 2000 - Jun 2024
Consolidated Fiscal Balance (USD mn) 1,157.610 Jun 2024 quarterly Mar 2000 - Jun 2024
Tax Revenue (USD mn) 4,720.339 Jun 2024 quarterly Mar 2000 - Jun 2024
Tax Revenue: % of GDP (%) 15.4 Jun 2024 quarterly Mar 2000 - Jun 2024
National Government Debt (USD mn) 80,597.2 Jun 2024 quarterly Dec 2005 - Jun 2024
Government Debt: % of GDP (%) 66.9 Jun 2024 quarterly Dec 2005 - Jun 2024
Forecast: Government Expenditure (USD bn) 51.430 2029 yearly 1995 - 2029
Forecast: Government Net Debt (USD bn) 72.877 2029 yearly 2001 - 2029
Forecast: Government Revenue (USD bn) 52.747 2029 yearly 1995 - 2029
Central Government: Finance (USD mn) 282.739 Sep 2024 monthly Jan 2006 - Sep 2024
Central Government: Expenditure excl Amortization (USD mn) 1,892.538 Sep 2024 monthly Jan 2006 - Sep 2024
Central Government: Revenue (USD mn) 1,609.799 Sep 2024 monthly Jan 2006 - Sep 2024
Central Government: Balance (USD mn) -282.739 Sep 2024 monthly Jan 2006 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.962 2028 yearly 1980 - 2028
Trade Balance (USD mn) 428.6 Aug 2024 monthly Mar 1992 - Aug 2024
Total Exports (USD mn) 2,528.2 Apr 2023 monthly Jan 1965 - Apr 2023
Total Exports Growth (%) 14.1 Aug 2024 monthly Jan 1966 - Aug 2024
Aluminum: Exports (USD th) 73,669.642 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 24,074.538 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 6,882.325 2022 yearly 1995 - 2022
Total Imports (USD mn) 2,727.6 Aug 2024 monthly Jan 1957 - Aug 2024
Total Imports Growth (%) -4.8 Aug 2024 monthly Jan 1958 - Aug 2024
Imports: Medicament (USD th) 958,068.888 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 529,529.069 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 410.362 Aug 2024 monthly Jan 2007 - Aug 2024
Total Imports from USA (USD mn) 801.222 Aug 2024 monthly Jan 1973 - Aug 2024
Total Exports to China (USD mn) 442.099 Aug 2024 monthly Jan 2007 - Aug 2024
Total Imports from China (USD mn) 672.437 Aug 2024 monthly May 1992 - Aug 2024
Terms of Trade Index: 2007=100 (2007=100) 99.369 Aug 2024 monthly Jan 2014 - Aug 2024
BCE Forecast: Trade Balance: 2018=100 (USD mn) 3,097.200 2025 yearly 2024 - 2025
Exports: FOB: Petroleum: Crude Petroleum (USD th) 812,123.784 Aug 2024 monthly Jan 2005 - Aug 2024
Exports: FOB: Non Petroleum: Traditional: Bananas And Plane Tree (USD th) 320,958.535 Aug 2024 monthly Jan 2005 - Aug 2024
BCE Forecast: Exports: fob: 2018=100 (USD th) 31,848,323.000 2025 yearly 2024 - 2025
Exports: FOB: America: United States (USD mn) 410.362 Aug 2024 monthly Jan 2007 - Aug 2024
Exports: FOB: Asia: People's Republic of China (USD mn) 442.099 Aug 2024 monthly Jan 2007 - Aug 2024
Exports: FOB: America: ALADI: Panama (USD mn) 781.810 Aug 2024 monthly Jan 2012 - Aug 2024
BCE Forecast: Imports: fob: 2018=100 (USD th) 28,751,123.000 2025 yearly 2024 - 2025
Imports: CIF: Asia: People's Republic of China (USD mn) 324.160 Jan 2020 monthly Jan 2010 - Jan 2020
Imports: CIF: Consumer Goods: Non Durable (USD th) 317,034.353 Aug 2024 monthly Jan 2005 - Aug 2024
Imports: CIF: Fuels And Lubricants (USD th) 712,597.542 Aug 2024 monthly Jan 2005 - Aug 2024
Imports: CIF: America: ALADI: Panama (USD mn) 6.890 Aug 2024 monthly Mar 2019 - Aug 2024
Export Value Index (2015=100) 145.654 2021 yearly 1980 - 2021
Import Value Index (2015=100) 119.376 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Current Account Balance (USD mn) 2,407.1 Jun 2024 quarterly Mar 1993 - Jun 2024
Current Account Balance: % of GDP (%) 7.9 Jun 2024 quarterly Mar 1993 - Jun 2024
Foreign Direct Investment (USD mn) 41.8 Jun 2024 quarterly Mar 1993 - Jun 2024
Foreign Direct Investment: % of GDP (%) 0.1 Jun 2024 quarterly Mar 1993 - Jun 2024
Foreign Portfolio Investment (USD mn) -55.121 Jun 2024 quarterly Mar 1999 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) -0.2 Jun 2024 quarterly Mar 1999 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 0.2 Jun 2024 quarterly Mar 1999 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) -55.352 Jun 2024 quarterly Mar 1999 - Jun 2024
External Debt (USD mn) 59,189.9 Aug 2024 monthly Jan 1994 - Aug 2024
External Debt: % of GDP (%) 49.6 2023 yearly 1970 - 2023
External Debt: Short Term (USD mn) 763.5 Jun 2024 quarterly Mar 2004 - Jun 2024
External Debt: Short Term: % of GDP (%) 1.5 2023 yearly 1970 - 2023
Forecast: Current Account Balance (USD bn) 3.608 2029 yearly 1980 - 2029
Net International Investment Position (USD) -19,735,132,923.143 Jun 2024 quarterly Mar 2016 - Jun 2024
BoP: CA: Goods & Services: Goods (USD mn) 2,068.720 Jun 2024 quarterly Mar 2016 - Jun 2024
BoP: CA: Goods & Services: Services (USD mn) -533.482 Jun 2024 quarterly Mar 2016 - Jun 2024
Gross External Debt: Long Term (USD mn) 57,407.976 Jun 2024 quarterly Mar 2004 - Jun 2024
Gross External Debt (USD mn) 58,907.820 Jun 2024 quarterly Mar 2004 - Jun 2024
External Debt: Private (USD mn) 10,223.956 Aug 2024 monthly Jan 1994 - Aug 2024
External Debt: Public (USD mn) 48,965.907 Aug 2024 monthly Jan 1994 - Aug 2024
Foreign Direct Investment: BPM6 (USD th) 41,849.299 Jun 2024 quarterly Mar 2016 - Jun 2024
Foreign Direct Investment: Europe: Spain (USD th) 88,442.667 Dec 2018 quarterly Mar 2002 - Dec 2018
Foreign Direct Investment: Europe: Netherlands (USD th) 23,806.340 Dec 2018 quarterly Mar 2002 - Dec 2018
Foreign Direct Investment: Asia: China (USD th) 12,350.723 Dec 2018 quarterly Mar 2002 - Dec 2018
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 6.0 Sep 2024 monthly Jan 2006 - Sep 2024
Household Debt: % of GDP (%) 17.2 Jun 2024 quarterly Dec 2006 - Jun 2024
Non-Performing Loans (USD mn) 3,921.527 Sep 2024 monthly Jan 2006 - Sep 2024
Money Supply M1 (USD mn) 30,027.805 Aug 2024 monthly Dec 2006 - Aug 2024
Money Supply M2 (USD mn) 84,163.461 Aug 2024 monthly Dec 2006 - Aug 2024
M2 Growth (%) 8.4 Aug 2024 monthly Dec 2007 - Aug 2024
Reserve Requirement Ratio (%) 2.0 Aug 2022 monthly Dec 2009 - Aug 2022
Foreign Exchange Reserves (USD mn) 6,115.5 Oct 2024 monthly Dec 1956 - Oct 2024
Foreign Exchange Reserves: % of GDP (%) 4.210 Jun 2024 quarterly Dec 2000 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 2.3 Aug 2024 monthly Jan 2005 - Aug 2024
Gold Reserves (USD mn) 2,310.255 Oct 2024 monthly Dec 1956 - Oct 2024
Total Deposits (USD mn) 64,774.769 Sep 2024 monthly Jan 2006 - Sep 2024
Total Deposits Growth (%) 11.0 Sep 2024 monthly Jan 2007 - Sep 2024
Domestic Credit (USD mn) 72,401.5 Sep 2024 monthly Jan 2006 - Sep 2024
Domestic Credit Growth (%) 4.7 Sep 2024 monthly Jan 2007 - Sep 2024
Household Debt (USD mn) 21,425.4 Sep 2024 monthly Oct 2006 - Aug 2024
Total Loans (USD mn) 64,865.947 Sep 2024 monthly Jan 2006 - Sep 2024
Total Loans Growth (%) 5.20 Sep 2024 monthly Jan 2007 - Sep 2024
Private Debt: % of Nominal GDP (%) 54.45 Jun 2024 quarterly Mar 2004 - Jun 2024
International Reserve: Net Currency Position (USD mn) 6,115.522 Oct 2024 monthly Jan 2004 - Oct 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 2.0 Sep 2024 monthly Feb 2011 - Sep 2024

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